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Tech Mahindra Q2 profit declines 61% to Rs 505 crore
IT company Tech Mahindra on Wednesday posted a 61% decline in consolidated net profit at Rs 505.3 c…
PTI
PV sales to shift gears courtesy festive season but 2-wheelers’ struggles to continue
The auto sector has been recovering, albeit slowly, after the pandemic. The second quarter of the c…
IPL 2023 to drive fantasy sports companies to ₹2,900-3,100 crore revenue, fueled by Tier-2 cities and exciting prizes
Fantasy sports companies like Dream11, My11Circle, MPL are set to receive a huge boost due to the o…
M&M group stocks under pressure after RBL Bank investment, TechM's earnings miss
Stocks of the Mahindra & Mahindra (M&M) group have been under selling pressure and were the top Sen…
IT sector Q1 earnings preview: All eyes on deal wins, revenue guidance cuts
Analysts expect top tier IT companies in India to report flat to slight decline in revenue growth f…
Mahindra & Mahindra Q3 PAT climbs 14% to ₹1,528 cr
Mahindra & Mahindra (M&M) reported a 14% rise in its profit after tax (PAT) to Rs 1,528 crore for t…
PTI
Keshub Mahindra: The man who thought impossible is possible
Keshub Mahindra, the former chairman of Mahindra and Mahindra group, died at the age of 99. He was …
Tech Mahindra shares surge as for the first time in over five years the management sees a 10% plus growth
Shares of Tech Mahindra surged about 8% as investors cheered the company’s double digit growth guid…
M&M Q4 standalone net profit rises 22% YoY to ₹1,549 crore, misses estimates
Auto major Mahindra & Mahindra on Friday reported a 22% year-on-year (YoY) increase in Q4 standalon…
Demand is strong but decisions are slow: Tech Mahindra CEO CP Gurnani
In rupee terms, revenue for the IT company grew 19.9% year-on-year to ₹13,735 crore while sequen…
Fitch Ratings revises outlook on OYO's long-term issuer ratings to 'positive' from 'stable'
Fitch Ratings on Wednesday said it has revised the outlook on Oravel Stays Ltd's (OYO) long-term fo…
PTI
Mahindra’s margin improves led by record growth in tractors in the second quarter — profit declines 3%
Meanwhile, revenue rose 6% to ₹11,590 crore in the quarter under review. The silver lining is th…
Tech Mahindra flies on strong revenue, Tata Power excites investors with EV push and IRCTC back on track after a lull week
Benchmark indices Sensex and Nifty 50 have been volatile last one week amid back to back corporate …
Accenture’s disappointing Q1 and FY23 forecasts indicate more pain for the IT sector
Dublin-based tech major Accenture gave out disappointing guidance for the next quarter and fiscal y…
Tech Mahindra expands margin in a quarter of acquisitions
Tech Mahindra posted a profit of 9.5% over the last three months as compared to the previous quarte…
Tech Mahindra Q4 net profit jumps 34.6% to ₹1,081.4 crore
For the full financial year, the net profit was up 9.8 per cent to ₹4,428 crore, while revenu…
PTI
Sensex, Nifty50 edge up in morning trade led by energy, metal and IT stocks
India’s benchmark indices Sensex and Nifty50 are likely to open on a cautious note on Tuesday amid …
India Inc.’s rockstars of Q2 and things that investors should look out for, according to analysts
Banking, financial services and insurance (BFSI), automakers, chemicals, aviation, retailing and ch…
M&M’s Q2 net zooms 44% to ₹2,773 crore, demand momentum is strong says company
Mahindra & Mahindra reported a 44% year-on-year rise in consolidated net profit to 2,773 crore in Q…
Tech Mahindra sees sharp slowdown in all verticals except media and entertainment
One of India’s top five IT services firms, Tech Mahindra, has seen a sharp slowdown in April-June 2…